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Bellevue Greenlights $40M Paste Plant, Clears June 2026 Hedge Book
8:12am on Tuesday 17th of February, 2026 AEDT
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Bellevue Greenlights $40M Paste Plant, Clears June 2026 Hedge Book
8:12am on Tuesday 17th of February, 2026 AEDT
Key Points
Approval of 120m³/hr wet paste plant at Deacon and Deacon North
Estimated $35-40 million capital cost funded from operational cash flow
Expected ~7% increase in orebody recovery, adding ~100,000 ounces gold
June 2026 quarter hedge commitments fully pre-delivered, reducing hedge book
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